Financial
Distress signals
Property profile

1025 8th St 101 Clear Lake, IA 50428

OFF-MARKET
Other warehouses
Property ID
US25-2491550
1,500 SF 3.8 ac lot Built 2023
Last sale Jun 2024 · $199,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of flex and industrial storage condominium units in Clear Lake, Iowa, located at 1025 N 8th Street, Unit 211 (Phase 2). Each unit is 20 by 50 feet, providing 1,000 square feet of enclosed space, and includes a 14-foot overhead door, a bathroom stub-out, and an installed heater. The units are configured for uses such as storage, operating a business, or serving as a shop, and they offer an option to construct a loft or mezzanine to create additional storage and/or office area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$95k
Assessed land$16k
Assessed improvement$79k

Value estimate

· Sep 2026
$200k
$180k – $220k
AI approach$200k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$42 – $133

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCERRO GORDO

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop13.2
HVAC Service11.3
Wholesale Shop10.7

Location

1025 8th St, Unit 101 Clear Lake, IA 50428-1409
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2nd 4th S, Clear Lake, IA 50428 $100,000 Dec 2025 1,000 SF
10510 265th, Clear Lake, IA 50428-8694 $433,750 Dec 2024 1,500 SF
218 10th N, Clear Lake, IA 50428-3703 $260,000 Jul 2024 1,488 SF
11th 4th S, Clear Lake, IA 50428 $162,500 Jan 2024 1,000 SF
7th 4th S, Clear Lake, IA 50428 $138,000 Nov 2023 1,000 SF
5th 4th S, Clear Lake, IA 50428 $138,000 Jun 2023 1,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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